Richard

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 Changpeng Zhao has once again <a style="color: #0000ff;" href="https://x.com/cz_binance/status/1848257760284037598?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1848257760284037598%7Ctwgr%5E138bd2097a5f527c29243f43e7045bd3eb3f18b0%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fu.today%2Fbinance-founder-cz-warns-against-falling-for-his-fake-verified-x-accounts" rel="noopener noreferrer nofollow">issued</a> a warning to his 8.9 million followers on X about scammers impersonating him on the platform.&nbsp;
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In his <a style="color: #0000ff;" href="https://x.com/cz_binance/status/1848257760284037598?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1848257760284037598%7Ctwgr%5E138bd2097a5f527c29243f43e7045bd3eb3f18b0%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fu.today%2Fbinance-founder-cz-warns-against-falling-for-his-fake-verified-x-accounts" rel="noopener noreferrer nofollow">latest post</a>, Zhao urged users to be vigilant about fake verified accounts posing as him on X. He clarified that he only operates under the handle @cz_binance, and all other accounts beginning with “cz” are imposters, even if they display a blue verification checkmark.&nbsp;
Zhao specifically identified two fake accounts to avoid and encouraged his followers to report any similar accounts they encountered. He also called on X to improve its efforts to tackle these fraudulent accounts.
This marks the second time the co-founder of Binance has alerted the crypto community about fraudulent activities since his recent release from prison. Earlier this month, he <a style="color: #0000ff;" href="https://x.com/cz_binance/status/1844782231182565379?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1844782231182565379%7Ctwgr%5E55fe4f8b0d8bac59135cd73536943ab2bf21f8a0%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Fu.today%2Fcrucial-warning-about-crypto-deepfakes-comes-from-cz-of-binance" rel="noopener noreferrer nofollow">cautioned</a> the X crypto community about deepfake videos circulating on social media, falsely claiming his endorsement of various crypto coins. He noted that he has been a target of scammers attempting to exploit his persona to defraud users.
Meanwhile, following his release from prison in late September, Zhao <a style="color: #0000ff;" href="https://x.com/cz_binance/status/1840265403882152232?t=ZnV4CVBh5KADBwlWn5dMxQ&amp;s=19" rel="noopener noreferrer nofollow">posted</a> about the experience, expressing relief at having “one piece of fruit per day” during his incarceration. He stated that he plans to “chill for a bit” before deciding on his next steps, adding that 
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 “there are always more opportunities in the future than there were in the past.”
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Zhao was sentenced in May after<a style="color: #0000ff;" href="https://defi-planet.com/2024/04/binance-co-founder-zhao-to-face-sentencing-today-prosecutors-seek-three-year-prison-term/" rel="noopener noreferrer nofollow"> pleading guilty</a> to charges of turning a blind eye to money laundering practices on Binance. He resigned from his post as CEO of the crypto exchange in November 2023.&nbsp;
In a related development, Zhao’s successor as CEO, Richard Teng, recently <a style="color: #0000ff;" href="https://defi-planet.com/2024/09/richard-teng-reveals-regulatory-compliance-driven-vision-for-binance-2-0/" rel="noopener noreferrer nofollow">announced </a>that the exchange is making substantial investments in regulatory compliance. Teng emphasized that these efforts are aimed at building a robust and sustainable platform for Binance’s global user base, as the company continues to prioritize regulatory cooperation in its operations worldwide.
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The post <a href="https://defi-planet.com/2024/10/binance-co-founder-changpeng-zhao-issues-new-warning-about-scammers-using-fake-accounts/" rel="noopener noreferrer nofollow">Binance Co-Founder Changpeng Zhao Issues New Warning About Scammers Using Fake Accounts</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Binance Co-Founder Changpeng Zhao Issues New Warning About Scammers Using Fake Accounts

DeFi Planet

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